8. Reserve Money : Components and Sources
(Rs. crore) | |||||||||||
Outstanding | Variation over | ||||||||||
as on | |||||||||||
Item | Financial year so far | ||||||||||
1998 | 1999 | Week | 1997-98 | 1998-99 | Year | ||||||
Mar. 31# | Feb. 19# | Amount | % | Amount | % | Amount | % | Amount | % | ||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | |
Reserve Money | 2,26,233 | 2,51,175 | -1,166 | -0.5 | 15,210 | 7.6 | 24,941 | 11.0 | 35,980 | 16.7 | |
Components (i+ii+iii) | |||||||||||
(i) | Currency in circulation | 1,50,823 | 1,74,288 | -1,353 | -0.8 | 13,443 | 9.8 | 23,464 | 15.6 | 23,628 | 15.7 |
of which : cash with banks | 5,641 | .. | |||||||||
(ii) | Bankers' deposits with RBI | 71,806 | 73,832 | 227 | 0.3 | 2,514 | 4.2 | 2,026 | 2.8 | 11,744 | 18.9 |
(iii) | "Other" deposits with RBI | 3,604 | 3,055 | -40 | -747 | -549 | 608 | ||||
Sources (i+ii+iii+iv-v) | |||||||||||
(i) | Net RBI credit to Government | 1,35,160 | 1,54,233 | -2,835 | -1.8 | 9,191 | 7.4 | 19,073 | 14.1 | 20,862 | 15.6 |
of which : to Centre | 1,33,617 | 1,52,769 | -2,593 | 11,690 | 19,152 | 20,377 | |||||
(ii) | RBI credit to banks & comm. sector | 15,282 | 23,649 | 1,461 | 6.6 | 1,002 | 7.6 | 8,367 | 54.7 | 9,394 | 65.9 |
o/w : to banks (includes NABARD) | 7,096 | 13,332 | 641 | -693 | 6,235 | 7,020 | |||||
(iii) | Net foreign exchange assets of RBI | 1,15,890 | 1,29,604 | -628 | -0.5 | 11,559 | 12.2 | 13,714 | 11.8 | 23,228 | 21.8 |
(iv) | Govt.'s currency liabilities to the public | 3,120 | 3,561 | | 312 | 441 | 331 | ||||
(v) | Net non-monetary liabilities of RBI | 43,219 | 59,872 | -836 | 6,854 | 16,653 | 17,834 | ||||
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